Wednesday, April 22, 2020

Sharp Corporation Essay Example

Sharp Corporation Essay [emailprotected] CORPORATION: BEYOND JAPAN INTERNATIONAL BUSINESS MANAGEMENT . 3 . 8 TABLE OF CONTENT PROBLEM STATEMENT ANALYSIS DISCUSSION OF ALTERNATIVES RECOMMENDATION EXECUTIVE SUMMARY CITATIONS EXHIBITS 3 5 Sharp Corporation needs a major overhaul of its business model. Sharps previous model of make in Japan, sell overseas has been successful until recently. Currently, with the increased mobility in engineering talent and technology transfer, companies from new emerging markets such as South Korea and Taiwan are gaining the competitive advantage over Sharps outdated business model that no longer fit with he firms strategy or the business environment. Sharps previous president, Katsuhiko Machida, adhered to the principles of keeping manufacturing in Japan. 3 Following this principle had some advantages in the domestic market but had major disadvantages for fulfilling demand in the international market. Sharp is becoming popular in the international market with significant increases in foreign sales revenue (Exhibit 1). Due to the fact that all of its products were manufactured in Japan, Sharp were unable to keep up with the international demand for its product. With more than 54% accounting for nternational demand, implementing an effective supply medium to deliver its product is imperative for Sharps success2 (Exhibit 4). Some products lost as much as 10% of its value, in the shipment time duration it required to reach its target market. With Sharps products not flowing to the target market smoothly, competitors including South Korean and Taiwanese companies were gaining a competitive edge. Sharps inability to supply their product efficiently to the international market correlates to the negative effect on the domestic market as excessive company resources were being channelled elsewhere (Exhibit 2). The negative effect may also have been caused by the foreign exchange rate. With the majority of its inventory being sold abroad, Sharp now faced a new issue which was beyond its control. We will write a custom essay sample on Sharp Corporation specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sharp Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sharp Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The foreign exchange rate was susceptible to an array of different environments and varied consistently through time (Exhibit 3). The increase in the value of the US dollar meant operating income for Sharp was relatively lower as well. This is mostly notable in year 2009, when the Japanese Yen devalued the most against the US dollar $, which aided in the operating loss of millionl . No significant financial rovisions were taken in order to mitigate foreign exchange losses by Sharp. Sharp has been continuously investing large amounts in production facilities in Japan and then exporting key devices to be assembled in foreign countries. 4 Basing most of its operation in Japan, Sharp had the disadvantages of paying higher tax rates and costly infrastructure in comparison to its competitors who based their core businesses in key strategic locations with minimum tax implications and low infrastructure costs. 6 Also, due to excessive domestic investments, Japanese plants had turned into high alue added knowledge, while overseas plant lacked any of this traits which is detrimental for any overseas expansion strategy. Using the black-box approach Sharp has been secretive about its production and was unable to reap any benefits that might be possible through effectively engaging in value chain integration to suit their needs; while its competitors were readily exchanging and integrating industry knowledge. Sharps emphasis on combining knowledge and capabilities in ways other firms could not imitate is not feasible in the age of Globalization where satellite and internet communication is readily available to everyone. The increased mobility of crucial talent and technology transfer within the industry is something Sharp had not experienced 5 10 years ago. Sharps intellectual property is limited to the core operations of the company itself. 4 Due to this, Sharp were confined to the industry knowledge within their company and had limited access to RD from different companies within their value chain. Sharp did not have a stringent plan to remain as an industry leader in its LCD division as well. Most of the competitive advantage it gained is through using its proprietary LCD technology Four Primary Colour and by increasing the sizes of the TV. Sharps business outlook in the LCD market to gain competitive advantage by increasing the sizes of the TV, is not farfetched as the company is now beginning to realise that the customers had a threshold point on the sizes of TV they wanted. The new president of Sharp Mr. Katayama had a Globalization attitude to the companys business model. Sharp is in the verge of creating a new identity for itself. It is a major player in the industry and could not operate in an also ran basis that it used to in the past. It needed new alternatives to remain on the top and gain competitive advantages over its competitors. Starting production in an international market seemed unlikely in the previous business model which followed the make in Japan, sell overseas principles. With recent losses in the companys financial statements, and worsening economic conditions it is imperative for Sharp to overcome this limitation. Starting production in major markets and developing specialized knowledge internationally would divert the focus of heavy investment in Japanese plants/infrastructure. Access to lower-cost workers, technical expertise, lower transportation costs and productions inputs are a Just a few benefits Sharp ould be able to realize with the new business model. However, there were many risks associated with expanding production to a foreign country. Thorough investigation on the feasibility of this option needs to be scrutinized accordingly. Changing operating model from vertical integration to horizontal integration for the companys production technologies and manufacturing capabilities will give it a better standing in the competitive market. Forming alliances with local companies in major markets such as China, to establish a value chain would maximize efficiency and cash flow (Exhibit 5). Up until recently Sharp has been building plants in Japan for front-end processes with their own resources5. With its knowledge centres and infrastructure located solely in Japan, Sharp could benefit from it by bolstering cutting edge production technologies/manufacturing capabilities nationally and extending its technologies gradually to global sites. Aiming to create a value chain in the consumption area/maJor markets, encompassing each step from procuring materials through manufacturing and sales; an internal company concept known as local production for local consumption, would allow Sharp to receive a return on its roprietary technologies and technology assistance fees such as initial payments, royalties, dividends and revenues from Joint ventures. This serves to reduce risks involved in foreign exchange rates and the recovery of capital expenditurtes4. Sharp has already started this initiative with its Solar Cell product division, forming alliances with Italian power company Enel SpA3. This trend n other product divisions as well. s to follow suit for its Starting a new manufacturing plant outside Japan would be capital and labour intensive. It would also expose the company to various risks such as financial, olitical, environmental, and legal risks. Alternatively, integration through value chain approach would allow Sharp to mitigate some of the risks involved compared to starting a new plant and would not require intensive capital investment. Forming value chains would allow Sharp to access the benefits from well established businesses which are already firmly integrated in the local business environment. It would also allow Sharp to access and understand potential opportunity for future markets for its products as the current markets gets saturated. Integration with arious international value chain means Sharp would adapt an International Firm Management technique in the global business environment. Up until now, Sharp had minimum production technologies/manufacturing operations internationally and operated its production plants predominantly in a national level. Despite the potential benefits of global markets, Sharp must constantly monitor the match between the firms product and new markets to not overlook the needs of the buyers. Sometimes, the benefits of serving customers with an adapted product may outweigh the benefit of a standardized product5. The value chain will allow Sharp to perform distinctive, speedy and efficient R using open innovations and cooperation with partners to gain expertise in fields of technology that are new to Sharp8. However, while operating in foreign markets it should protect its intellectual property and industrial properties through various mediums of patent, trademarks and copyrights. Sharps previous model make in Japan, sell overseas has not been successful recently because the market has changed dramatically. Its operating model had not historically emphasized co-operations with other firms. With increased mobility in ngineering talent and technology transfer, companies from new emerging markets has made its previous business model obsolete. If Sharp wanted to remain as an industry leader it had to change its operation model to suit the Globalization environment. Integration with the international value chain to provide production technologies and manufacturing capabilities beyond national borders would allow Sharp to mitigate expensive legal risks, political risks, shipment cost, infrastructure cost (home/abroad) and foreign exchange fluctuations. It also opens an opportunity to new markets for Sharp as current markets gets saturated. While adapting to a new operating model, Sharp should always consider the risks implications such as global market trends, business partners, intellectual property rights, litigations, and technological innovations which may have significant effect on the financial statements. SHARP Corp. (2009) Opening New Frontier Annual Report, Consolidated Statement of Operations (p. 44) 2 SHARP Corp. (2009) Opening New Frontier Annual Report, Financial summary (p. 36) 3 SHARP Corp. (2009) Opening New Frontier Annual Report, New Business Model (p. 8) 4 SHARP corp. (2009) opening New Frontier Annual Report, Introducing a New Business Model (p. ) 5 John, J. W, Kenneth. L. W, (2012). International Business: The challenges of Globalization, Sixth Edition. Pearson Hall 6 Lehmberg, D. (2011). Sharp Corporation: Beyond Japan. Richard Ivey School of Business Exhibit 1: Various Equipment type sales in 2009 for Sharp Corporation Equipment type Audio Visual/ Communication 2 Health/Environmental Informatio n 4 LCDS Solar cells 6 Other Electronic Devices Exhibit 2: International Sales Vs Domestic Sales for SharpCorporation Exhibit 3: Foreign Exchange US $ vs Japanese (2007 2009) Exhibit 4: Sales by Region, Sharp Corporation Exhibit 5: Sharp Corporation (2009) Annual Report

Monday, March 16, 2020

Drugs in the work place essays

Drugs in the work place essays Drug Addiction in the School and Work Place How has work efficiency changed as a result of drug addiction in the sch a couool and work place? In the 1960 and 1970's, men and women worked long hours to support their family. For many, these strenuous hours were hard to handle without taking drugs. The use of "uppers" and "downers" was then considered a way to tolerate those long work hours. To this date, the concern of drugs being used for work efficiency persists among adults who work long late hours, teens with an influenced drug addiction, and also the health concerns which occur because of the use of drugs. There are various drugs which have the effect of making the user alert or drowsy when taken. Valium and Ritalin are just a couple examples of the prescription drugs orally taken for specific effects. In the early-mid twentieth century, men and women worked overtime, or even three or four jobs, just to get through life. They got back home late at night and had to wake early the next morning to do it all again. Because of the lack of sleep, they took "uppers" in the morning to be alert and "downers" at night to get rest. Please take note that they also drank coffee throughout the day along with the use of these drugs. The adults who had children during this time greatly influenced them with the sight of their drug addiction. The adult's pill taking drew forth a curiosity in their children. They wondered what the pills do to make their parents take them every single day. At one point, the children's interest grew so greatly as to make them want to try the drugs. So the children, especially teens, began pilfering some "uppers" and "downers"out of sheer interest to experiment with them. The drugs seemed to be "cool" for the teens and their stealing of them increased greatly. They then started taking the drugs to school because of a grown addiction to them. Other teens were also ...

Saturday, February 29, 2020

Analyze Miss Peregrines

When you step back and take a closer look, you see that American town hides more from the characters, making it fantasy and lies, while the enchanting island is far more forth coming about its problems. Main Characters Jacob Portman- he is the protagonist in this story, he is 16 and is thought to be mentally disturbed after the murder of his grandfather by that he believes to be an imaginary creature. He travels to Whales with his father to find out the truth behind his grandfather’s past. Emma- she is one of the Peculiar children of Ms. Peregrine. She is considered â€Å"strikingly beautiful† and falls in love with Jacob, and as it turns out, she used to love his grandfather. She is frozen at 16, in the loop, while in reality she is over 70 years of age. Plot Jacob Portman goes to Wales to find out the truth of his grandfather’s past after he was murdered by what Jacob thought was a make-believe creature. When he arrives, he meets Emma a girl who can control fire. She takes him to meet Miss Peregrine in a time loop set back in the 1940s. Jacob enjoys hanging out with the other peculiar children, such as Millard, who is invisible, and Bronwyn, who has incredible strength. Then Jacob is told some mysterious stories of strange killings in the pub he’s staying at, and warns the peculiar children. When they tell Jacob he is the only one who can see the â€Å"hollows† or â€Å"hollowgasts†, the monsters that killed Jacob’s grandfather, Jacob knows he is the only hope they have for safety. Jacob and some of the peculiar children encounter a hollow which Jacob kills. Upon return to the Miss Peregrine’s home, they find that Miss Peregrine has been kidnapped. The children rescue Miss Peregrine but she is in bird form and cannot change back to human form. At the end of the book, the peculiar children look for another time loop they can stay in because their current one has been destroyed, setting this book up for a sequel and more striking photographs. Conflicts Jacob vs. Self- he is at a constant battle for the first half of the book to figure out whether or not he is sane after everything that has happened. Self could also be considered society, as a set and acceptable social norm. Jacob vs. Therapist- he is actually the cause of all his problems. He is the one who sends the hollow on his grandfather, kidnaps Ms. Peregrine, and makes all the external conflicts arise. Theme Embracing who you are and accepting what makes you remarkable is more important than being viewed as normal. Through this novel we see the reoccurring theme that being true to you is far more important that being social accepted. Because when you accept yourself, others accept you for that. When Jacob fights himself he finds he is alone, but the more he succumbs to his true self, the peculiar children accept him and they help each other overcome the adversity surrounding them. Personal Views I enjoyed the book thoroughly and I would recommend it. It has a wonderful addition, not only is there amazing writing involved but there are also several pictures included in the pages. Every few chapters there are these old, peculiar photos that add to the story, some very chilling. Analyze Miss Peregrines When you step back and take a closer look, you see that American town hides more from the characters, making it fantasy and lies, while the enchanting island is far more forth coming about its problems. Main Characters Jacob Portman- he is the protagonist in this story, he is 16 and is thought to be mentally disturbed after the murder of his grandfather by that he believes to be an imaginary creature. He travels to Whales with his father to find out the truth behind his grandfather’s past. Emma- she is one of the Peculiar children of Ms. Peregrine. She is considered â€Å"strikingly beautiful† and falls in love with Jacob, and as it turns out, she used to love his grandfather. She is frozen at 16, in the loop, while in reality she is over 70 years of age. Plot Jacob Portman goes to Wales to find out the truth of his grandfather’s past after he was murdered by what Jacob thought was a make-believe creature. When he arrives, he meets Emma a girl who can control fire. She takes him to meet Miss Peregrine in a time loop set back in the 1940s. Jacob enjoys hanging out with the other peculiar children, such as Millard, who is invisible, and Bronwyn, who has incredible strength. Then Jacob is told some mysterious stories of strange killings in the pub he’s staying at, and warns the peculiar children. When they tell Jacob he is the only one who can see the â€Å"hollows† or â€Å"hollowgasts†, the monsters that killed Jacob’s grandfather, Jacob knows he is the only hope they have for safety. Jacob and some of the peculiar children encounter a hollow which Jacob kills. Upon return to the Miss Peregrine’s home, they find that Miss Peregrine has been kidnapped. The children rescue Miss Peregrine but she is in bird form and cannot change back to human form. At the end of the book, the peculiar children look for another time loop they can stay in because their current one has been destroyed, setting this book up for a sequel and more striking photographs. Conflicts Jacob vs. Self- he is at a constant battle for the first half of the book to figure out whether or not he is sane after everything that has happened. Self could also be considered society, as a set and acceptable social norm. Jacob vs. Therapist- he is actually the cause of all his problems. He is the one who sends the hollow on his grandfather, kidnaps Ms. Peregrine, and makes all the external conflicts arise. Theme Embracing who you are and accepting what makes you remarkable is more important than being viewed as normal. Through this novel we see the reoccurring theme that being true to you is far more important that being social accepted. Because when you accept yourself, others accept you for that. When Jacob fights himself he finds he is alone, but the more he succumbs to his true self, the peculiar children accept him and they help each other overcome the adversity surrounding them. Personal Views I enjoyed the book thoroughly and I would recommend it. It has a wonderful addition, not only is there amazing writing involved but there are also several pictures included in the pages. Every few chapters there are these old, peculiar photos that add to the story, some very chilling.

Thursday, February 13, 2020

Service and relationship marketing Essay Example | Topics and Well Written Essays - 2750 words

Service and relationship marketing - Essay Example The exterior facilities include waiting areas consist of benches, sofas and chairs and external sitting areas for customers who wants to enjoy their meal outside the restaurant. Subway has a typical green colour dominating its physical landscape which implies nature and warmth. Also, the fast food joint have established signboards for travellers and onlookers. The subway store signage is uniform as established by uniform standards. Glass branding such as on windows and door panels is not usual in Subway as the store size is generally small. The interior facilities can be described as cosy and comfortable. Internally the store is not very brightened but has sufficient lighting and consists of minimalist sitting areas. The company is also engaged in home delivery services. Customer experiences and points of customer contact occur in several places. First is when a customer enters the restaurant and is greeted by the staff members. In the seating area, customers are served with water, if requested. Since subway is a self service restaurant, most of the customer-employee interactions occur in the area where food is prepared. Helping the customer to decide on the food product, recommending choice of ingredients in cases of confused products billing and payment are other customer contact points. Line of interaction divides customer experiences and employee actions. Onstage employee actions and backstage employee actions are divided by line of visibility. ... In the seating area, customers are served with water, if requested. Since subway is a self service restaurant, most of the customer-employee interactions occur in the area where food is prepared. Helping the customer to decide on the food product, recommending choice of ingredients in cases of confused products billing and payment are other customer contact points. Line of interaction divides customer experiences and employee actions. Onstage employee actions and backstage employee actions are divided by line of visibility. The backstage employee actions in subway include housekeeping services and employees involved in keeping stocks and supply, maintenance department coordinating various operations and department for cash management. Finally the support processes include back system operating all the daily activities of the restaurant, technical department involving in market research, customer research and feedback and customer data collection, POS system involved in cashing and in flow of liquid cash etc. Figure 1 Service Blueprint of Subway (Source: Author’s Creation) Front Stage and Back Stage Functions Blueprinting is a tool for service planning. It can be used either for the development of new services or improvement of existing services. Service blueprint is also helpful in ensuring the quality of services offered by a company. The output of a service blueprint is a graphical representation of the overview of service and its related activities. It helps to visualize the development process. During each process, visible contacts are established between the firm and client. It is also possible to discover various areas of innovation and identification of failure points (Hauser, Tellis and

Saturday, February 1, 2020

Advanced Practice Legal Considerations Case Study

Advanced Practice Legal Considerations - Case Study Example Basically, there are six types of torts—a few of which will be discussed here, and how those specific laws apply to Luann’s situation. There are intentional torts against persons, which deal with very specific charges that are incurred when one person injures another. Other categories of torts similarly deal with different types of wrongs committed, including: unintentional torts (negligence); and special negligence doctrines, including negligent infliction of emotional distress among others. Finally, defenses against negligence—as well as strict liability—will be examined, especially as it regards whether confidentiality issues were breached when the lab tech used personal information to make a decision about informing someone about someone else’s health, a one person who was not supposed to be privy to that information as that person was a third party. Herein are analyses of some aspects of torts, some of which may not be torts which necessarily a lign with this particular case, but which should be mentioned nonetheless. II. Misappropriation of the Right to Publicity According to Frackman et. al. (1996), â€Å"The right of publicity makes it unlawful to use another's identity for commercial advantage without permission. In recent years, that right has grown to encompass the potential misappropriation of voice, performance style, former names, and maybe, as contended in a case recently filed in Indiana regarding the race horse Cigar, . . . the image of an animal† (pp. 1). Misappropriation of the right to publicity basically means that someone’s privacy is being invaded in some way, shape, or form. Others’ privacy should be guarded well. III. Invasion of the Right to Privacy An invasion of the right to privacy is a direct intrusion on someone’s personal space. This â€Å"invasion of privacy,† so to speak, is not legislated per se. However, confidentiality agreements—such as the one the lab tech Luann signed—should be honored, and are honored, in a court of law. However, various celebrities and other personalities of note have invoked the invasion of the right to privacy in court cases. Using the name or likeness of a person can also get one into trouble in regard to the invasion of privacy. This is a bit like intellectual property law, where someone’s image is protected. Interference with the First Amendment can be a cause of torts. In the case of invasion of the right of privacy, this applies occasionally. IV. Unintentional Torts (Negligence) a) Duty of Care Duty of care basically means that a reasonable person has a duty to another person to make sure that he or she does not have any kind of trouble. This means that anyone should act reasonably according with to the situation at hand. For example, one example of duty of care is that, if an oncoming car is about to hit a pedestrian, and a passersby had the chance to save the person, this is called t he person’s duty of care. Any reasonably-acting person would have tried to get the pedestrian out of the way of the oncoming car. In Luann’s case, she had the duty of care to protect the confidentiality of her client’s name and condition. She did not abide by the confidentiality agreement set forth when hired, and this is what got her into a lot of trouble with the courts. V. Breach of Duty Breach of duty occurs when a person has a duty to perform for a person, but he or she does not do it. For instance, in the previous example with the car about to hit the pedestrian, the onlooker would have performed a breach of duty by not rescuing the

Friday, January 24, 2020

It’s Time to Eliminate Online Pornographic Magazines :: Argumentative Persuasive Argument Essays

It’s Time to Eliminate Online Pornographic Magazines Dating back to the 1700's, magazines have taken on many forms in which we know and read today. Magazines started to develop in the early 1700's at the same time as newspapers. Few magazines of that time were popular or long-lived. They covered weekly events, politics, and art. During that time magazines were read by the educated elite, and in the 1800's magazines were published for the general public and general interest. Over the years, magazines have evolved to what they are today. Today, there are many forms and kinds of magazines such as digests, newsmagazines, and pictorial magazines. Our world today is predominately run by the Internet and the "Information Superhighway" as we have come to know it. Recent developments suggest that new media may actually be the salvation of old media such as print versions of magazines, books, and newspapers. Online newspapers, webzines, and e-books could preserve and extend the print culture as well as make way for technological advancements. Magazines have developed a strong online presence by reproducing the print version, thus creating both analog and digital form of the same issue. The Internet is a global "network of networks." It is not governed by any entity, thus leave no limits or checks on the kind of information that is maintained by and accessible to Internet users. The Internet also provides us with a wide array of information in all areas. People use the Internet for educational purposes as well as entertainment. When searching the Internet using a search engine, you can access any website imaginable that deals with your topic or has some relevance to what you are searching for. The Internet is a learning tool that has been implemented into all learning institutions as well as homes. Children everyday are accessing sites on the Internet. Many people sit and "surf" the Internet for hours on end each day. Child Pornography and children accessing pornography over the Internet is a big problem facing America today and online magazines enhance this problem. It is extremely important that students today learn how to use the Internet and explore the many educational opportunities it provides. The Internet is turning both adults and children into innocent consumers of pornography. Porn sites routinely use keywords so that safe searches result in X-rated hits. Visitors of non-sexual sites are redirected to porn addresses or have explicit "pop-ups" that are placed on their screens.

Wednesday, January 15, 2020

Apa Reference Examples

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